RBC Bearings Incorporated RBC

RBC Bearings has turned a strong multi year share run into a market value that now rests on one simple issue: whether the current price can be explained by the cash the business is expected to produce. With the stock not far from recent highs, investors are increasingly asking how much of that story is already reflected in the valuation. RBC Bearings has returned 136.1% over the past 5 years, which puts a lot of past optimism on the line when you ask what its future cash flows are worth...

On August 10, RBC Bearings Incorporated (NYSE:RBC) said Dodge Industrial, Inc., one of its subsidiaries, bought PSC Couplings, LLC, in an asset purchase for $24.2 million in cash. PSC, a Wisconsin maker of disc couplings, generated about $15.1 million in sales over the last 12 months. That makes this a bolt-on, not a blockbuster. But […]